Hello Div Bro,
1) On the price target of 0.90 - I also wish tat 0.90 will come true and then go enjoy Char Kway Teow like you man ... but at this time, not very possible lah ..... if BIG can go up and close the 2 gaps down at 0.535 and 0.615, i will be very hapi liao ... by then, i will have to review to see if i will still hold on or may exit all liao (depend on chart pattern and BIG biz developement) .. then go c c look look for any other interesting counters to put money ....
2) On the analyst portion or trading - ..... i never believe in anyone. I will use it as a reference only. At least, they do the forcast and projection in a "professional" manner where most market people will still use it as a reference. If you can justified your price projection of 0.40 cents, i think most people and me will definitely use it as a reference and may even re-evaluate BIG ... by then BIG may be trading at 0.20 cents liao .. haha
Charting is something that me or most people(i believe) will use and i'm still learning along the way as i trade or even from Bro down here ..... ( But no matter wat ... it is always the human intervention/manipulation the most powerful of all.... heehee.)
3) On offloading your stuff to me - .... Why you want offload stuff to me? If the stuff is good, then i must say u're a great man ... cos you offload money to me ... but if you're thinking of offloading bad stuff to me .. then you must be really "mean" ...... and make me lose many many money .... of cos i hope you're joking .....
4) Forum Objective here ... - Hopefully every forumer here can share their trading experiences and any geniune infomartion on BIG that is worth taking a deeper look. So that everyone can learn and share info together and hopefully make some "bucks" together .... (be it short or long ... be objective) .... If chart is showing a Bear pictures, it will be a Bear... i will not even say it is a Bull in the making ....
Objectively, if you think that BIG price should fall ..... i think everyone will appreciate if you can share what is your basis and facts ... and let fellow Bro here dun lose so much money including me.....
Dear Hokkien Bro ---- if STI take a deep plunge, BIG may be affected too, tis of course .... A
AK, LL, Allright Bro .... hope we can make some good bucks ....
Cheers to all forumer ... hopefully everyone can make some bucks in one way or another over here. If there is any good counters to look on ... please share leh .... i miss out on Genting recently .... golden cross over liao ..... sigh ....
By the way, IMO.. dun fall in love with any counters ... be rationale and u will survive longer ... heehee ..
Above not an inducement to trade.
t this moment, it seems that BIG is having resistance at 0.41 to 0.42 ... even it retreat due to some drastic macro bad news, the next support should be around at 0.375 ..... if it drop beyond this ... then it will be chia luck liao.... unlikely as the supporting catalyst of BIG upcoming announcement is holding the price ... unless there is bad news or so change of event .....on the NAV and EPS ... BIG nav is 0.142 and P.E. is 0.001 US cents(extracted from Shares Investment). This is because BIG is still lossing money and that the FY09 coming full year results may still end up in the red. But investors is now buying in for BIG very much anticpated FY10 prospects and hopefully it will turn around this coming annoucment, if not, the next quarter in FY10, then BIG will gradually improve its EPS ....
divearse ( Date: 22-Apr-2009 15:35) Posted:
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Haha Max, you are probably right about a few things in your post, a) diff objective, b)style, c)Forecast, I of coz wish hope pray that your 0.9 is true, coz I will be laffing to the food court buying everyone a Chow Kuey Teow and a cuppa char. As I said just my 1.5 cents (not even 2 cents) using my 'Microsucks Offis XCel Spreadshit' which somemore formula not audited. Do you really believe the analyst? If you do then we need more of people like you trading, coz I can offload stuff to you which I dont need....and make you dump things that I need. haha..
Good day to you, Divearse.
I'm just curious how you derive your fair value of 0.40 cents for FY09 when a few analysts had a targeted price of above 0.90 cents for BIG (from Business Times) .... of cos this is based on forward projection. Thus, if you are projecting 0.40 cents, then BIG must be in for a bad bad time in the coming FY10 performance ...
Shares is always forward moving / trading and not trading based "current / present " performance .... traders are now looking at BIG FY10 forward earnings and prospect and not FY09 as this is going to be history soon ... as the results is coming out in few weeks times.
I'm not being very or over bullish about BIG, but just that BIG chart is definitely showing signs of turning around and even the Golden Cross Over where the price of 50ma is cutting across the 200ma is likely to happen soon ....and so chun that it may conincide with BIG annoucement soon ..... so it may end up all good things happening at the same time and the chart is showing tell tale signs ... so why not take a bet to open "BIG" in a BIG WAY ....
At this moment and based on chart ... i'm definitely betting to open "BIG" .... but of cos, if chart does take a change then it will be different .. and i have to review again and based on my or each individual trading strategy and risk appetite to see wat next....
I dun mind even if the price is "artificially" being shored up .... infact, the more the merrier ... cos the objective to buy share is to hope that the share price will cheong up unless of cos... you are a SHORTIST.....
Well ... each to his own trading style. Good luck to you.
Regards.
Above not an inducement to trade.
divearse ( Date: 22-Apr-2009 13:06) Posted:
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hohoho coming down liao, Ang Mo bought and Ah Beng sell...Ah liang watch....
..--BUY
..-- Sell
..--Oik oik
louis_leecs ( Date: 22-Apr-2009 09:16) Posted:
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Most people will sell BIG CFDs and buy its mother shares. This way if prices are up, sell the shares for profits and sell more CFDs to average up. If prices go down buy back the CFDs and keep the shares. Good to play this way.
Laulan ( Date: 20-Apr-2009 11:42) Posted:
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CHEONG
CHEONG
!!!!!
equator2010 ( Date: 22-Apr-2009 12:01) Posted:
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louis_leecs ( Date: 22-Apr-2009 09:16) Posted:
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'Buying with confidence' is the worst thing one can do...
Buying on hope is the much, much better strategy than that...
But no matter what, dump quickly when your chart safety margin is violated!!!... hehehe...
TuaPekGong9413 ( Date: 22-Apr-2009 09:23) Posted:
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